{"schema_version":"secwatch.filing_event.v1","accession":"0000723612-26-000010","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2026-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.585756+00:00","generated_at":"2026-05-16T02:13:37.014342+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Avis Budget Q4 net loss $856M, $518M EV impairment; FY revenue $11.7B","bullets":["Q4 revenue $2.7B, net loss $856M, adjusted EBITDA $5M; rental days down 1% YoY.","Full year revenue $11.7B, net loss $995M, adjusted EBITDA $748M.","Recorded $518M impairment on US EV rental cars after shortening useful life.","Sold EVs to JV, received $183M cash from monetization of tax credits.","Issued $965M ABS (due June 2028) to pay fleet debt; liquidity $818M + $2.1B funding capacity."],"urls":{"canonical":"https://secwatch.observer/filing/0000723612-26-000010","json":"https://secwatch.observer/filing/0000723612-26-000010.json","markdown":"https://secwatch.observer/filing/0000723612-26-000010.md","text":"https://secwatch.observer/filing/0000723612-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000072361226000010/0000723612-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000072361226000010/car-20260218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:13:37.014342+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}